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In Order to Be Useful to Managers, Management Accounting Reports

Question 1

Multiple Choice

In order to be useful to managers, management accounting reports:


A) Should be prepared according to the stated Institute of Management Accounting guidelines
B) Should be prepared according to Generally Accepted Accounting Principals
C) Should be prepared to meet the specific needs of decision makers
D) Should not be prepared prior to the end of a fiscal reporting period

Correct Answer:

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